do you know the status of gas storage in India? The country’s LPG storage capacity is only 1.4 lakh tonnes. Daily demand? 90,000 tonnes. That means if the supply stops, we cannot even hold out for 2 days. There are Strategic Petroleum Reserves for crude oil. But there is no such backup for gas. The reason is simple—since imported gas was available cheaply, we thought gas storage was not necessary.
